News Binance Accused of Market Monopolization and FTX Collapse A class action suit has been filed in the U.S. against Binance and its CEO. The plaintiffs accuse the exchange of violating unfair competition laws, claiming that Changpeng Zhao’s actions… 6 months ago (upd. 03.10.2023) #Binance #FTX #News
News FTX Asset Sale Could Collapse Crypto Market Messari analysts predicted negative consequences for the crypto market should the liquidation of FTX assets take place. They believe that two altcoins will suffer the most, but the collapse of… 6 months ago (upd. 12.09.2023) #Cryptocurrency #FTX #FUD #News #Token
News FTX Restructuring Plan Draws Disapproval from Creditors FTX published the company’s restructuring plan, which envisages the revitalization of the platform. However, creditors and former customers expressed disapproval as its implementation involves extra costs and payment delays. FTX… 8 months ago (upd. 02.08.2023) #Exchange #FTX #News
News Former Executives of FTX and Alameda Research Committed Biggest Financial Fraud in History FTX representatives filed a lawsuit against former top executives of the bankrupt crypto exchange and its subsidiary, alleging that they not only misappropriated customer funds but also pulled off one… 8 months ago (upd. 21.07.2023) #Exchange #FTX #News #Scam
News Cryptocurrency Exchange FTX to Restart The bankrupt cryptocurrency exchange FTX will be relaunched. In Q2 2024, the platform will be able to resume support for crypto exchange transactions and offer trading in FTX claims. Zane… 11 months ago (upd. 13.04.2023) #Cryptocurrency #Exchange #FTX #News
News Former FTX Executive to Plead Guilty to Fraud Charges During a hearing in a Manhattan federal court, Nishad Singh’s attorneys said their client was willing to plead guilty to several charges, including wire fraud and conspiracy to commit money… 1 year ago (upd. 01.03.2023) #Exchange #FTX #News
News New Criminal Charges Against Sam Bankman-Fried Sam Bankman-Fried, Founder of bankrupt crypto exchange FTX and Former Executive of Alameda Research, is facing new criminal charges. The court charges SBF with conspiracy to commit bank fraud and… 1 year ago (upd. 24.02.2023) #Exchange #FTX #News
News FTX Owes Money to Numerous Companies and Individuals FTX representatives prepared a “creditor matrix,” a 115-page document with details of entities owned by Sam Bankman-Fried’s company. FTX attorneys provided a document to the District Court for the District… 1 year ago (upd. 26.01.2023) #Exchange #FTX #News
News Fund Outflows from CEXs After FTX’s Collapse Already Over $19 Billion From November 5 to December 26, almost 357,000 BTC and 4.48 million ETH were withdrawn from accounts of various centralized trading platforms around the world. More than $19 billion worth… 1 year ago (upd. 28.12.2022) #Bitcoin #Ethereum #Exchange #FTX #News
News Binance Fights FUD and Tries to Reassure Users A post appeared on the crypto exchange’s blog detailing the origins of key events that amplified the FUD effect around Binance in the past few weeks. In an effort to… 1 year ago (upd. 23.12.2022) #Binance #Exchange #FTX #News